Moscow and New York (November 21, 2007) - Open Joint Stock Company “Vimpel-Communications” (“VimpelCom” or the “Company”) (NYSE: VIP) announced today that it will webcast its conference call on its third quarter 2007 financial and operating results on Thursday, November 29, 2007, at 6:30 p.m. Moscow time (10:30 a.m. ET). The conference call will be hosted by Alexander Izosimov, Chief Executive Officer. He will be joined by Elena Shmatova, Chief Financial Officer, Nikolay Pryanishnikov, Executive Vice President – General Director, Russia; and Kent McNeley, Chief Marketing Officer. The press release announcing the Company’s third quarter 2007 financial results will be available on the Company's web site, located at https://www.vimpelcom.com, prior to the conference call.

The Company's management will discuss its third quarter 2007 results during a conference call and slide presentation.  The call and slide presentation may be accessed via webcast at the following URL address https://www.vimpelcom.com.  For those who will be unable to listen to the live slide presentation webcast, it will be archived on the Company’s web site until December 28, 2007.